China Minsheng Banking Corp., Ltd. Class A · SSE:600016
China Minsheng Banking Corp., Ltd. Class A — FY2024 Earnings Presentation
32 slides from China Minsheng Banking Corp., Ltd. Class A's earnings presentation, 2025
Slide 1: 2024 Annual Results Announcement
2024 Annual Results Announcement 2 0 2 5 ·B e i j i n g
Slide 2: Disclaimer
Disclaimer This announcement is based on the 2024 Annual Report. In order to fully understand the operating results, financial position and future development plans of the Company, please read the full report carefully at the Investor Relations section of the website of the Company or the website of
Slide 3: Business performance, business development, future prospects
01 02 03 Business Business Future performance development prospects progress in consolidated steady progress stability foundation and for long-term improved quality developmen
Slide 4: Part One: Business performance
P A R T O N E Business performance Progress in stability
Slide 5: Key results: total assets, operating income, net profit, CAR
Net profit attributable Total assets Operating income to holders of equity Core tier-1 CAR shares of the Bank RMB7,810 bn RMB 136.29 bn RMB 32.296 bn 9.36 % 1.82 % 3.21 % 9.85 % 0.08 % 1
Slide 6: Operating income and NIM
Operating income NIM RMB2 bn 3 BP RMB136.3 bn from 1H 1.39 % from 1H Net interest income Operating income NIM The decline narrowed by The decline narrowed U p b y 3 BP H o H Up by RMB2 bn HoH 1.03 pp b y 7 BP i n 2 0 2 4 RMB107.5 bn RMB102.4 bn 1.60 % RMB98.7 bn 1.46 % 1.39 % 1.41% RMB67.127 bn RMB6
Slide 7: Total assets and general loans
Total assets General loans up by RMB140 bn from the end of the up by RMB124.2 bn from the end of the RMB7,815 bn RMB4,231.5 bn previous year previous year 1.82 % 3.02 % Loans to key areas Loans to key regions Higher growth rate than the average Increased proportion in total loans Green credit 22.41
Slide 8: Total liabilities and cost ratio of deposits
up by RMB121.2 bn Cost ratio of Total liabilities deposits from the end of the previous year 1.72 % 17 BP from the previous year RMB7,158.4 bn 2.14 % Personal deposits Demand deposits Cost ratio of deposits Total amount and proportion both increased Continued to decrease with larger decline Total am
Slide 9: NPL ratio and formation rate of NPLs
NPL ratio Formation rate of NPLs 1 . 47 % 1 . 49 % 0.01 % from the end of the previous year 0.09 % from the previous year 3.63% 1.82% 1.79% 2.26% 1.68% 2.01% 1.48% 1.47% 1.58% 1.49% 2020 2021 2022 2023 2024 2020 2021 2022 2023 2024 5 Note: The formation rate of NPLs is based on the information of th
Slide 10: Non-performing asset collection and disposal
✓ Responded to new situation and new changes in a Total non-performing assets collected forward-looking manner and disposed in 2024 RMB67.4 bn ✓ Optimised asset preservation management model ✓ Implemented layered and classified management Cash recovered policies from written-off assets in 2024 RMB10
Slide 11: Capital and liquidity
Capital Core tier-1 CAR Tier-1 CAR CAR 9.36 % 11.00 % 12.89 % 0.08 % from the end of the 0.05 % from the end of the previous year previous year Liquidity Liquidity coverage ratio Net stable funding ratio Liquidity ratio (RMB and foreign currency) 161.99 % 82.95 % 108.31 % 146.06 % 106.91 % 66.63 % 1
Slide 12: Part Two: Business development
P A R T T W O Business development Consolidated foundation and improved quality
Slide 13: Sci-tech, green, inclusive, ageing and digital finance
Strengthened s c i - t e c h Optimised g r e e n Expanded a g e i n g finance Professional i n c l u s i v e Deepened digital finance finance finance finance Sci-tech enterprises Balance of green credit Number of customers of inclusive small Fully upgraded the ageing finance IT input RMB6,019 mn ser
Slide 14: Integrated management of customer groups
Solidly carried out the strategy of integrated management of MSMEs, large enterprises and individual customers, deepened the layered and classified service system of customer groups, and enhanced the quality and efficiency of comprehensive financial services. Focused on industry chains, payment chai
Slide 15: Customer numbers by group
Number of strategic Number of sci-tech Number of institutional clients enterprises customers 1,992 114,300 39,637 17.94% 4% 15.96% Number of retail Number of private banking AUM of retail customers customers customers 134.29 mn 62,103 RMB2,946.2 bn 5.99% 12.48% 7.87% 10
Slide 16: Strategic customer group
- Strategic customer group - Enhanced traction effectiveness Extended supply chains Number of newly contracted strategic clients of payroll agency Consolidated foundation Balance of eco-finance business of 1,171 up by 621 YoY strategic clients RMB266.5 bn Balance of loans to strategic clients RMB142
Slide 17: SME customer group
- SME customer group - Enhanced the guiding role of customer Enhanced the whole-journey group planning comprehensive service capability ➢ Focused on the "1+3+N" customer groups, and created ➢ Developed the whole-journey product portfolio covering "account service – Balance of loans to SMEs the"indus
Slide 18: Institutional customer group
- Institutional customer group - In-depth Gave play to the role in benefiting people Strengthened the qualification development marketing and improving their livelihood Improved Establishment of special Signed the entrusted Conducted medical systems teams agency agreement on insurance business the c
Slide 19: Retail customer group
- Retail customer group - Strengthened Enriched wealth management product shelves the construction of AUM of retail customers retail benefits system up by RMB215 bn from the end of the RMB2,946.2 bn previous year Wealth management "Apex Privileges" 7.87% The scale of the competitive product of Achie
Slide 20: Financial institution customer group
- Financial institution customer group - • Conducted namelist-based management of key nagemen • Improved the "three-in-one" marketing and v e m a t customers, implemented "one branch one nsi of service system of customers, products and h e stitu tion c st ra re l in ustom t policy"with coordination
Slide 21: Payment and settlement, investment banking, payroll agency
Basic businesses Supply chain Cross-border Consumer Credit card Tr e a s u r y finance finance credit Payment and settlement Investment banking ➢ Developed the flagship product of "Minsheng Treasury Cloud", serving over 9 thousand customers ➢ Balance of M&A loans RMB157.2 bn and their member units a
Slide 22: Supply chain finance
Basic Supply chain Cross-border Consumer finance Credit card Tr e a s u r y businesses finance credit Automobile Digital Balance of supply chain Government Liquor Intelligent financing procurement Minsheng Online RMB310.4 bn 115.36% E-Chain Construction Pharmaceuticals Comprehensive Number of sub-br
Slide 23: Cross-border finance
Basic Supply chain Cross-border Consumer finance Credit card Tr e a s u r y businesses finance credit Innovatively launched the product of "Shipping Remittance Express" International settlements ➢ Enabled AI-based document verification and automatic funds transfers, effectively reducing customers’ c
Slide 24: Consumer credit
Basic Supply chain Cross-border Consumer credit Credit card Tr e a s u r y businesses finance finance Adjusted business structure Optimised products and processes ➢ Strengthened cooperation with high-quality first-hand housing developers ➢ Optimised the product functions and business processes of "M
Slide 25: Credit card
Basic Supply chain Cross-border Consumer Credit card Tr e a s u r y businesses finance finance credit Enriched differentiated product system ➢ Focused on key products related to scenarios such as retail, shopping mall and supermarket, and optimised the benefits for elderly care and citizens. Innovat
Slide 26: Treasury business
Basic Supply chain Cross-border Consumer Tr e a s u r y Credit card businesses finance finance credit Forex business Precious metals business ➢ Continued to build the brand of "Minsheng Gold", and ➢ Total trading volume of derivatives in the domestic interbank forex market amounted to USD1,688.9 bn,
Slide 27: Hong Kong and London branches
Hong Kong Branch NEW London Branch Total assets HKD211.9 bn 17.51% Authorised to carry out operation in August 2024 Cross-border finance Wealth management Focused on three key positionings Implemented 42 significant synergy projects wiith Asset management of private banking and wealth strategic clie
Slide 28: Coordination with subsidiaries
s) V. Strengthened coordinati rdination with subsidiari S ScnIW TekeralRcIeeye ubsidiaries and all-around services under the Minsheng Financial Leasing Minsheng Royal Fund Jotal assets RMBIB2.5 hn * Total assets under management ppies.6 bn | 9.05% The Most Influential Financial Leasing Company ® ‘ne
Slide 29: ESG and honours
Honours Pushed forward the ESG work from the perspective of ESG strategic planning, built the three-level working mechanism MSCI governance of "decision-making team, management team and Elevated to AAA in the annual MSCI ESG rating (globally highest) implementation team", and set up an ESG leading
Slide 30: Part Three: Future prospects
P A R T T H R E E Future prospects Steady progress for long-term development
Slide 31: Strategic priorities going forward
Maintain strategic resolve Stay customers-first to create value Promote solid transformation Enhance overall service quality and efficiency Reshape momentum with sci-tech innovations Embrace technological revolution Consolidate foundation with precise management Strengthen overall refined management
Slide 32: Serving the Public, Caring About People's Livelihood
Serving the Public, Caring About People 's Livelihood
China Minsheng Banking — FY2024 Earnings Presentation on 6ix